Patent · US Active

Closing price determination for an automated market system

US8239309B2 · kind B2 · utility

0Cited by
0References
38Claims
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Assignee

Inventors

Key dates

Filing dateApr 9, 2010
Grant dateAug 7, 2012
Priority date
Expiry dateJun 10, 2030

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q40/06
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

A method for determining a closing price of a security traded in an electronic market includes receiving a trade price of an executed trade of the security wherein the executed trade is executed during a trading session of the electronic market, comparing the received trade price to a market parameter of the security to determine the closing price of the security, and reporting the determined closing price of the security to a user.

Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.